Economic Times
Banks had been pressing for immunity from arbitrary arrest or action by investigating agencies against their top executives for taking commercial deci
The National Asset Reconstruction Co (NARCL) offer for the ₹751 crore debt has triggered a Swiss challenge auction scheduled on March 1. This is th
On Monday, the bank announced the appointment of KVS Manian as joint managing director and Shanti Ekambaram as deputy managing director with effect fr
Bajaj Allianz Life and Satin Creditcare have partnered to improve financial inclusion in rural India. Customers can now secure loans with insurance pl
Milind Nagnur will be elevated to chief operating officer starting April 1, 2024. He will continue to be the bank's chief technology officer and take
An expert committee, led by TK Viswanathan, has recommended mediation between lenders and borrowers at the pre-default stage for faster out-of-court r
The insurance regulator is looking to tighten scrutiny and enhance transparency to prevent misselling of complex insurance products targeting individu
Banks implement measures to enhance DRT efficacy. Reviews of advocates' performance, officer presence at hearings, and changes in regulations discusse
Bandhan Bank has been authorized by the West Bengal government to collect tax and non-tax receipts through the Government Receipt Portal System (GRIPS
This will enable people of the state to make their tax and non-tax payments through GRIPS. The bank said that it will soon be integrating with t
The Reserve Bank of India (RBI) on Friday issued a set of FAQs relating to the Paytm Payment Bank crisis. The central bank also said that the FASTag l
The Reserve Bank of India has extended Paytm Payments Bank's wind-down deadline by 15 days to March 15, 2024, considering customer needs amid regulato
The RBI on Friday extended the timeline for Paytm Payments Bank's customers to make deposits and access credit transactions till March 15. The central
ICICI Lombard’s report on emerging trends in health insurance with focus on taxation benefit”, offered a comprehensive analysis of the financial b
According to banks, the value of transactions in these cards is high, but since they do not attract the same level of fees (merchant discount rate) as
Vijayakar has expertise in the domains of business transformation, risk management, innovation and managing changing business environment processes.
Paytm fastag invalid: NHAI drops Paytm Payments Bank of its authorised bank list for fastag; what will paytm fastag users do now? paytm fastag news up
Banks have to keep aside 4.5% of their deposits without earning any interest with the RBI. A CRR exemption on these deposits will free up more funds f
The RBI' action has triggered debates over innovation in the fintech sector, the quantum of punishment to Paytm, the style of regulation and, of cours
State Bank of India (SBI) chairman Dinesh Khara is in talks with the Reserve Bank to reduce the cash reserve ratio on green deposits. SBI's green depo
